v2.4.0.8

Net Income and Dividends per Share (Tables) | 6 Months Ended
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Jun. 30, 2013
Net Income and Dividends per Share [Abstract] |
Reconciliation of basic and diluted income per share computations | The following table presents a reconciliation of basic and diluted income per share computations (in thousands, except per share data and anti-dilutive stock option counts):
|  | Six months ended June 30, | Three months ended June 30,
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 33 |  | $ | 6,292 |  | $ | 8,092 |  | $ | 14,198
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 16,683 |  |  | 17,215 |  |  | 16,727 |  |  | 17,217
Effect of unvested restricted stock awards considered participating securities | 297 |  |  | 385 |  |  | 233 |  |  | 385
Weighted-average shares outstanding – basic |  | 16,980 |  |  | 17,600 |  |  | 16,960 |  |  | 17,602
Effect of dilutive common stock options |  |  | - |  |  | - |  |  | - |  |  | -
Weighted-average shares outstanding – diluted | 16,980 |  |  | 17,600 |  |  | 16,960 |  |  | 17,602
Net income per share – basic |  | $ | 0.00 |  |  | 0.36 |  | $ | 0.48 |  | $ | 0.81
Net income per share – diluted |  | $ | 0.00 |  |  | 0.36 |  | $ | 0.48 |  | $ | 0.81
Cash dividends declared per share1 |  | $ | 0.06 |  |  | 0.12 |  | $ | - |  | $ | 0.06
Stock options excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive | 1,635,000 |  |  | 1,403,000 |  |  | 1,395,000 |  |  | 1,253,000
1The Company suspended quarterly dividend payments during the three months ended June 30, 2013.

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- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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